Trading Ideas

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Trading Ideas

The Robinhood Craze Is Now Moving Stocks Everywhere

August 7, 2020 admin Comments Off on The Robinhood Craze Is Now Moving Stocks Everywhere

(Bloomberg) — Dirt cheap, automated on apps and championed by newbie traders who brandish their broker balances on Twitter, the stuck-at-home trading phenomenon, born in the USA, has become a global craze.Retail’s tentacles are everywhere. In the U.K, tax-free savings account openings at Interactive Investor jumped 238% for investors between 25 and 34 years of age in April and May. In India, newly minted day traders are crowing after falling in love with stocks that trade below 7 U.S. cents apiece and riding most of them straight up. Small-time investors in Moscow bought almost twice as many Russian shares in …read more […]

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The Best Way to “Disaster Hedge” Right Now (Part 2)

August 7, 2020 admin Comments Off on The Best Way to “Disaster Hedge” Right Now (Part 2)

Hedging is not always profitable because it’s a protective measure that allows you to balance your risk. We know markets rarely move up in a straight line. But when they do, the risk of a major downside correction increases dramatically.
So you should be somewhat prepared. Using simple hedging techniques will help you to do just that…
Married Puts
This technique is an easy one. Simply buy out-of-the-money put options against shares of stocks that you own. A put option increases in value if the underlying stock decreases in value.
For example, if you have 2,000 shares of GM that you bought at $25, …read more […]

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Stock market news live updates: Stock futures cling to the flat line ahead of July jobs report

August 7, 2020 admin Comments Off on Stock market news live updates: Stock futures cling to the flat line ahead of July jobs report

Stock futures were little changed to slightly lower Thursday evening as investors braced for the results of the July jobs report Friday morning, which will offer further signals of the direction and pace of economic activity given the ongoing pandemic. Debates in Washington, D.C., over another round of virus-related relief measures are set to continue on Friday, with lawmakers signaling they will be unlikely to hit their earlier self-imposed deadline of hashing out a deal by the end of this week. …read more […]

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3 “Strong Buy” Healthcare Stocks Under $5 That Could See Outsized Gains

August 6, 2020 admin Comments Off on 3 “Strong Buy” Healthcare Stocks Under $5 That Could See Outsized Gains

The stock market just keeps going up, up and away. COVID-19 continues to have a choke hold on the economy, yet stocks have pulled off an incredible recovery, with the S&P 500 up 50% since its March low point. But can the index keep the rally alive?Credit Suisse’s global equity strategy analyst Andrew Garthwaite says yes, noting that by the end of next year, the S&P 500 could “easily hit 3,500 on our models.” He believes there won’t be a major correction, and that “the key is whether you want to buy into dips or sell into rallies and we …read more […]

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Dropbox Sales Beat Estimates; Shares Tumble as CFO Prepares Exit

August 6, 2020 admin Comments Off on Dropbox Sales Beat Estimates; Shares Tumble as CFO Prepares Exit

(Bloomberg) — Dropbox Inc. reported revenue that beat analysts’ estimates, benefiting from increased demand for cloud software amid a shift to working from home due to the coronavirus. The company also announced Chief Financial Officer Ajay Vashee is stepping down effective Sept. 15, sending the shares tumbling in extended trading.The San Francisco-based file-sharing company said sales rose 16% in the second quarter to $467.4 million. Dropbox reported its second consecutive quarter of profits, with net income of $17.5 million, or 4 cents a share, in the three months ending June 30, compared with a loss of $21.4 million, or 5 …read more […]